Economic Isolation Quotes



The people penalized refers to the American companies who can no longer sell to the sanctioned nation while their foreign competitors do not.


It was a classic economic protectionist practice to for an imperial nation to sell manufactured goods to its colonies, but not to allow the colonies to sell high labor value goods back to the mother country. The early American colonies were victims of this, and Brandgee was the leader of the protectionist wing of the Republican party. See {640519} for William Howard Taft’s opinion of him.